(TikTok has been using Google’s cloud computing services to power its videos.)įor ByteDance and TikTok, a deal with Microsoft could help propel the valuation of the app’s business outside China to as high as $80 billion, the people said.

So Microsoft discussed taking a small stake in TikTok and becoming one of the app’s minority investors, said four people briefed on the conversations.Įven a small deal would be a win-win, the thinking went.įor Microsoft, a minority investment would potentially bring TikTok over to using its Azure cloud computing service, immediately making the app one of Microsoft’s biggest cloud clients, said the people, who declined to be identified because the details are confidential. With tensions swirling between the United States and China, along with the complexities of running a social media company, any large acquisition appeared too treacherous to navigate. The Young and the Restless is a Sony Pictures Television presentation in association with Bell Dramatic Serial Company and Corday Productions, Inc.SAN FRANCISCO - When Microsoft began talking this summer with the popular video app TikTok and its Chinese parent company, ByteDance, no one had any intentions of pursuing a blockbuster deal. Olsen, Jonathan Fishman and Vivian Gundaker Bell and Lee Phillip BellĬO-EXECUTIVE PRODUCER & HEAD WRITER: Josh Griffith

When The Young and the Restless premiered in 1973, it revolutionized the daytime drama and 50 seasons later continues to set the standard with strong characters, socially conscious storylines, romance and sensuality.ĬREATORS: William J.

The lives and loves of a wide variety of characters mingle through the generations, dominated by the Newman, Abbott, Baldwin and Winters families. It revolves around the rivalries, romances, hopes and fears of the residents of the fictional Midwestern metropolis, Genoa City. Now celebrating it’s 50th season on the CBS Television Network, The Young and the Restless has been the number one daytime drama for 33 years.

What happened to the soap opera network